DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.057%

Price spread now: Bybit against OKX−0.010%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$600.602% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 7 days−0.005%−$1 · spread now −0.010%, 7d avg −0.034%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.024% dearer against OKX than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.034%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DELL-USDT-SWAP	573.22	0.0041	pay 0.0041% / 8h	6h 57m	$5.9M	$6.7M	20x
Short	Bybit DELLUSDT	573.16	0	get 0.0000% / 8h	6h 57m	$6.1M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$8.63
Price spread: −0.010% → −0.034%: $2.36
Slippage, 4 orders: −$39.22
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$66.49
Costs to cover: 0.602%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	1.83 bp	15.2 bp −$15	160.6 bp −$1,606	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.53 bp	15.3 bp −$15	87.0 bp −$870	doesn't fit	doesn't fit

DELL on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:DELL	−0.0297%	1h	572.90	−0.056%	$7.6M	$6.8M	10x	as long as short
Aster DELLUSDT	0.0000%	8h	572.69	−0.092%	$20K	$49K	20x	as long as short
Bybit DELLUSDTshort	0.0000%	8h	573.16	−0.010%	$6.1M	$3.9M	50x
Gate DELL_USDT	0.0000%	8h	573.30	+0.014%	$4.0M	$6.5M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.08	−0.024%	$3.7M	$4.6M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	572.69	−0.092%	$682	$138K	10x	as long as short
Lighter DELL	+0.0032%	1h	573.46	+0.042%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.270%	$8K	$83K	12x	as long as short
OKX DELL-USDT-SWAPlong	+0.0041%	8h	573.22	long leg	$5.9M	$6.7M	20x
Polymarket Perps DELL-USD	+0.0050%	1h	573.35	+0.023%	$7K	$55K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DELL	+0.0087%	8h	572.67	−0.096%	$259K	$61K	—	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.56	−0.115%	$938K	$113K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.53	+0.054%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	574.16	+0.164%	$18K	$58K	10x	as long as short
BloFin DELL-USDT	+0.0152%	8h	573.46	+0.042%	$322K	$236K	20x	as long as short
Extended DELL-USD	+0.0168%	1h	573.05	−0.029%	$331K	$2.6M	10x	as long as short
Binance DELLUSDT	+0.0173%	8h	573.35	+0.023%	$18.3M	$66.7M	20x	as long as short
edgeX DELLUSDC	+0.0226%	4h	573.25	+0.006%	$5K	$332K	10x	as long as short
Nado DELL-PERP	+0.0247%	1h	573.51	+0.050%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.0810%	1h	573.17	−0.009%	$3K	$228K	10x	as long as short